Annual Report 2022

22 Gas flows 2013-2022 In the year under review, the total volume of natural gas transported was 9.870 109 Nm3, which is more than twice the volume of natural gas transported in 2021. The Ukraine crisis has led to much lower gas prices at the French virtual trading point PEG compared to the German THE and Italian PSV. As a result, capacity at the Oltingue interconnection point, on the border between Switzerland and France, has regularly been fully utilized since the second quarter of 2022. Nominations in the direction of Germany have increased and as a result, there have often been flow reversals from forward flow to reverse flow, i.e. physical deliveries in the direction of Germany, in 2022. This situation usually occurred at the weekends, when the gas demand for industry in neighboring Italy decreased and thus the physical supply of Switzerland and the transit took place from France and Italy to Germany. Gas Transportation -15.00 -10.00 -5.00 0.00 5.00 10.00 15.00 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 Erdgasimporte über Oltingue (F) Erdgasimporte über Wallbach (D) Abgabe Schweiz (CH) Erdgasexporte über Gries Pass (I) Erdgasexporte über Oltingue (F) Erdgasexporte über Wallbach (D) Erdgasimporte über Gries Pass (I) Natural gas imports over Oltingue (F) Natural gas imports over Wallbach (D) Natural gas exports over Gries Pass (I) Natural gas exports over Wallbach (D) Natural gas imports over Gries Pass (I) Natural gas exports over Oltingue (F) Delivery to Switzerland (CH)